SIOR TERMINOLOGY

 

Central City: Central City space located near the historical urban core commonly associated with traditional government and financial districts in most cities.
   
Suburban: Includes both suburban areas and "urban clusters" with area of high concentrations of industrial or office space that often rival nearby Central City.
   
Vacant: Total square footage of vacant rentable industrial space, including sub lease.
   
Under Construction: Square footage under going construction where ground has been broken (does not include projects still in the planning phase).
   
Net Absorption: Net absorption is the net change in occupied space.